Advantages and disadvantages of statistical methods, Management Theories

Advantages of Statistical Methods:

a.Involve relatively large number of observations.
b.Analysis is more objective.
c. Averages and percentages are calculated.
d.Permits the researcher to make more accurate generalizations.
e. Reliability of the generalizations can be measured.

Disadvantages of the Statistical Methods

a.Inability to prove cause and effect relationship.

b.With increase in the number of factors the analysis becomes more and complicated.

Posted Date: 2/12/2013 4:17:15 AM | Location : United States







Related Discussions:- Advantages and disadvantages of statistical methods, Assignment Help, Ask Question on Advantages and disadvantages of statistical methods, Get Answer, Expert's Help, Advantages and disadvantages of statistical methods Discussions

Write discussion on Advantages and disadvantages of statistical methods
Your posts are moderated
Related Questions
which step of selection process would help when hiring people to work in a doctors office

i want to know what are the management process

compare & contrast structured & unstructured decision making

what is cost accounting as art, science and practice?

Q. Distinguish between centralization and decentralization? Based on delegation of authority organizations are classified into two kinds Centralization Entire Power is vested i

the company has 12 instructors and can handle upto 100 trainees for each training session . the company offers 5 advanced technology courses ,each of which is taught by a team of 2

define Phylum, its general characters and classifications.

What are the risks involved in moving from a project-centric mode to a mix of project and products?

Prior to 2001 there were two big-box bookstore chains in Canada - Chapters and Indigo . Indigo was formed in 1996 by Heather Reisman who left her job as president of Cott Corp